“Revolutionizing App Access Management: Astrix Security’s Groundbreaking Cybersecurity Solution

Astrix Security is an Israeli cybersecurity startup that offers the world’s first app-integration access management solution. The firm raised $45 million in a Series B funding round led by Menlo Ventures through their Anthology Fund—a strategic partnership between Menlo and Anthropic—with participation from Workday Ventures and existing investors, Bessemer Venture Partners, CRV, and F2 Venture Capital. This funding advances Astrix’s mission to secure enterprises’ biggest identity blind spot with a revolutionary infrastructure that ensures trusted access to critical systems and expansion to all identities, including humans.

Astrix has now raised $85 million to date.

The rise of agentic AI will redefine the workforce. As AI automates 15% of daily work decisions by 2028, enterprises must adapt their identity and access management strategies to accommodate both human and AI agents.

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The rise of AI agents, while promising increased productivity, amplifies the risk associated with compromised NHIs. Recent attacks on Microsoft and Okta underscore the urgent need to strengthen NHI security.

Astrix Security was founded in Tel Aviv in 2021 by Alon Jackson, CEO of Astrix, and Idan Gour, CTO. Both are award-winning cyber security specialists with leadership experience in the commercial sector and the Israel Defense Force’s elite cyber unit, 8200.

Since raising its Series A funding only last year, Astrix has grown 5X and tripled the size of its team to support its growing Fortune 500 customer base, which includes organizations such as Figma, Netapp, Priceline, and Workday, Inc. Recognized industry-wide, Astrix was recently named a SINET16 Innovator 2024, a Gartner Cool Vendor in Identity-First Security, and an RSA Innovation Sandbox finalist in 2023.

“From inception, we’ve been laser-focused on securing enterprises’ most vulnerable entry points and defining the NHI security domain. Now, with AI driving the proliferation of API keys, service accounts, and other NHIs in the enterprise, our mission has never been so critical and complex,” said Alon Jackson, Astrix Co-founder and CEO. “Our innovative technology will go beyond governance to ensure secure access of human and non-human identities to the enterprise’s most sensitive environments and data.”